Ideal Capital Bhd (XKLS:9687) Cyclically Adjusted PB Ratio: 2.70 (As of Jul. 21, 2026) — 27% Above Median

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XKLS:9687 Ideal Capital Bhd XKLS:9687
85 GF Score
Price RM3.73
GF Value RM5.44
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ideal Capital Bhd Cyclically Adjusted PB Ratio?

Ideal Capital Bhd XKLS:9687 85 Cyclically Adjusted PB Ratio is 2.70 as of Jul. 21, 2026, which is 27% above its 10-year median of 2.12. GuruFocus rates XKLS:9687 with a GF Score™ of 85/100 and a GF Value™ of RM5.44 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,440 Real Estate companies, Ideal Capital Bhd ranks worse than 88.96% on this metric.

As of today (2026-07-21), Ideal Capital Bhd's current share price is RM3.73. Ideal Capital Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM1.38. Ideal Capital Bhd's Cyclically Adjusted PB Ratio for today is 2.70.

The historical rank and industry rank for Ideal Capital Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:9687' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 2.12   Max: 3.57
Current: 2.71

During the past years, Ideal Capital Bhd's highest Cyclically Adjusted PB Ratio was 3.57. The lowest was 1.17. And the median was 2.12.

XKLS:9687's Cyclically Adjusted PB Ratio is ranked worse than
88.96% of 1440 companies
in the Real Estate industry
Industry Median: 0.7 vs XKLS:9687: 2.71

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Ideal Capital Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM1.787. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is RM1.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ideal Capital Bhd  (XKLS:9687) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Ideal Capital Bhd Cyclically Adjusted PB Ratio Related Terms


Ideal Capital Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ideal Capital Bhd's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ideal Capital Bhd Cyclically Adjusted PB Ratio Chart

Ideal Capital Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.76 2.79 3.33 2.63

Ideal Capital Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.02 2.67 2.67 2.63 2.54

Ideal Capital Bhd Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Ideal Capital Bhd's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ideal Capital Bhd Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ideal Capital Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ideal Capital Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:9687
85GF Score
Ideal Capital Bhd XKLS:9687
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ideal Capital Bhd Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Ideal Capital Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.73/1.38
=2.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ideal Capital Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ideal Capital Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.787/330.2130*330.2130
=1.787

Current CPI (Mar. 2026) = 330.2130.

Ideal Capital Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.635 241.018 0.870
201609 0.655 241.428 0.896
201612 0.701 241.432 0.959
201703 0.722 243.801 0.978
201706 0.750 244.955 1.011
201709 0.786 246.819 1.052
201712 0.848 246.524 1.136
201803 0.986 249.554 1.305
201806 1.126 251.989 1.476
201809 1.203 252.439 1.574
201812 1.324 251.233 1.740
201903 1.434 254.202 1.863
201906 1.143 256.143 1.474
201909 1.177 256.759 1.514
201912 1.192 256.974 1.532
202003 1.136 258.115 1.453
202006 1.060 257.797 1.358
202009 1.013 260.280 1.285
202012 1.062 260.474 1.346
202103 1.085 264.877 1.353
202106 1.094 271.696 1.330
202109 1.056 274.310 1.271
202112 1.140 278.802 1.350
202203 1.154 287.504 1.325
202206 1.176 296.311 1.311
202209 1.189 296.808 1.323
202212 1.219 296.797 1.356
202303 1.211 301.836 1.325
202306 1.231 305.109 1.332
202309 1.253 307.789 1.344
202312 1.307 306.746 1.407
202403 1.341 312.332 1.418
202406 1.378 314.175 1.448
202409 1.437 315.301 1.505
202412 1.468 315.605 1.536
202503 1.498 319.799 1.547
202506 1.538 322.561 1.574
202509 1.651 324.800 1.679
202512 1.766 324.054 1.800
202603 1.787 330.213 1.787

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 2.70 mean?
Ideal Capital Bhd (XKLS:9687) has a Cyclically Adjusted PB Ratio of 2.70 as of Jul. 21, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Ideal Capital Bhd and its competitors. This is 27% above median its historical median of 2.12. Over the past decade, Ideal Capital Bhd's Cyclically Adjusted PB Ratio has ranged from 1.17 to 3.57. According to the industry distribution chart, Ideal Capital Bhd ranks #1281 out of 1440 companies in the Real Estate industry, placing it in the top 89%.
Is Ideal Capital Bhd's Cyclically Adjusted PB Ratio too high?
Ideal Capital Bhd's current Cyclically Adjusted PB Ratio of 2.70 is 27% above median its 10-year median of 2.12. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 3.57. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.70. Ideal Capital Bhd's value of 2.70 is 285.7% above this industry median. Based on the distribution chart, Ideal Capital Bhd ranks #1281 out of 1440 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Ideal Capital Bhd has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ideal Capital Bhd's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Ideal Capital Bhd ranks #1281 out of 1440 companies for Cyclically Adjusted PB Ratio. This places Ideal Capital Bhd in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.70. Ideal Capital Bhd's value of 2.70 is 285.7% above this benchmark. Historically, Ideal Capital Bhd's own Cyclically Adjusted PB Ratio has ranged from 1.17 to 3.57 over the past decade. While the company's 10-year median is 2.12 vs. the industry median of 0.70, Ideal Capital Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.70, based on 1,440 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ideal Capital Bhd's current Cyclically Adjusted PB Ratio of 2.70 is 285.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Ideal Capital Bhd and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ideal Capital Bhd's current Cyclically Adjusted PB Ratio is 2.70, which is 27% above median its own 10-year median of 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ideal Capital Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ideal Capital Bhd (XKLS:9687) is currently considered Significantly Undervalued. The stock's GF Value™ is RM5.44, compared to a current price of RM3.73 — trading 31.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.70, which is 27% above median its 10-year median of 2.12 and 285.7% above the Real Estate industry median of 0.70. Ideal Capital Bhd's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Ideal Capital Bhd (XKLS:9687), the current Cyclically Adjusted PB Ratio is 2.70 as of Jul. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ideal Capital Bhd (XKLS:9687) Overvalued in 2026?

Based on GuruFocus' analysis, Ideal Capital Bhd stock appears to be undervalued. The current stock price of RM3.73 is trading 31.4% below its estimated GF Value™ of RM5.44. GuruFocus considers Ideal Capital Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:9687:

  • Cyclically Adjusted PB Ratio: 2.70 (27% above median its 10-year median of 2.12)
  • GF Value™: RM5.44 vs. price of RM3.73 (31.4% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 285.7% above the Real Estate median (#1281 of 1440)

No single metric tells the full story. See the XKLS:9687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ideal Capital Bhd Business Description

Address Jalan Mahsuri, No. 71-5, Ideal @ The One, Bayan Lepas, PNG, MYS, 11950
Ideal Capital Bhd is a Malaysia-based investment holding company engaged in the trading of heavy machinery and spare parts, and property development activities. The group has three reportable segments namely, the Trading segment which includes trading of heavy machinery and spare parts, the Property development segment which relates to property development activities, and Project investment and project management engaged in rental income and property management services. The company operates in Malaysia and generates the majority of its revenue from the Property development segment.
85GF Score

Get the complete analysis for XKLS:9687

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM3.73
Price
RM5.44
GF Value